B2Gold Corp.

TSX:BTO Voorraadrapport

Marktkapitalisatie: CA$7.2b

B2Gold Beheer

Beheer criteriumcontroles 4/4

Momenteel beschikken wij niet over voldoende informatie over de CEO.

Belangrijke informatie

Mike Cinnamond

Algemeen directeur

US$2.5m

Totale compensatie

Percentage CEO-salaris19.29%
Dienstverband CEOno data
Eigendom CEO0.02%
Management gemiddelde ambtstermijn6.8yrs
Gemiddelde ambtstermijn bestuur3yrs

Recente managementupdates

Recent updates

Narratiefupdate Jun 02

BTO: Future Buybacks And Asset Sale Proceeds Will Support Fairly Valued Shares

Analysts have made a small upward adjustment to their CA$ price target on B2Gold, reflecting updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News B2Gold reported first quarter 2026 gold production of 237,763 ounces compared with 192,752 ounces a year earlier, according to its operating results announcement.
Narratiefupdate May 03

BTO: Future Share Buybacks Will Support Shares Despite Temporary Goose Mine Disruption

Analysts have trimmed their CA$ price target for B2Gold from about CA$7.00 to roughly CA$6.84. This reflects updated assumptions for fair value, discount rate, revenue growth, profit margins and a lower future P/E multiple.
Narratiefupdate Apr 19

BTO: Future Upside Will Rely On Expanded Share Repurchase Program

Analysts have modestly reduced their CA$ price target for B2Gold, reflecting slightly higher discount rate assumptions along with updated views on revenue growth, profit margins and future P/E expectations. What's in the News The Board of Directors authorized a new share buyback plan on April 1, 2026, adding to the company’s capital return tools (Key Developments).
Narratiefupdate Apr 04

BTO: Future Upside Will Depend On Aggressive Share Repurchases

Analysts have nudged their price target for B2Gold to CA$11.71 from CA$11.49, citing updated assumptions for revenue growth, profit margins, the discount rate and future P/E levels. What's in the News B2Gold announced a normal course issuer bid that allows the company to repurchase up to 132,662,594 shares, or 9.92% of its issued share capital, with repurchased shares to be cancelled and the program running until April 2, 2027 (Key Developments).
Narratiefupdate Mar 21

BTO: Future Production Outlook And Leadership Transition Are Expected To Support Shares

Analysts have revised their fair value estimate for B2Gold to CA$7.00 from CA$6.19. This reflects updated views on the discount rate, revenue growth, profit margin, and future P/E assumptions.
Narratiefupdate Mar 07

BTO: Future Upside Will Rely On Leadership Transition And Buyback Support

Analysts have lifted their B2Gold price target from CA$10.52 to CA$11.49, citing updated fair value estimates, a revised discount rate, adjusted assumptions for revenue growth and profit margins, and a higher future P/E multiple. What's in the News B2Gold announced that Chief Executive Officer Clive Johnson plans to retire at the Annual General Meeting on June 4, 2026, and will be named Chair Emeritus to remain connected with the company (Key Developments).
Narratiefupdate Feb 21

BTO: Future Upside Will Rely On Buybacks And Revised Profitability Assumptions

Analysts have nudged their price target on B2Gold slightly lower to CA$10.52 from CA$10.58, citing updated assumptions for revenue growth, profit margins, the discount rate, and future P/E as key drivers of the small adjustment. What's in the News B2Gold updated its buyback activity, completing the repurchase of 7,000,000 shares, representing 0.53% of shares, for a total of $34 million under the program announced on January 13, 2025.
Narratiefupdate Feb 07

BTO: Future Upside Will Rely On Revised Profitability And Fekola Output

Analysts have modestly lifted their price target on B2Gold to US$10.58 from US$10.34, citing updated assumptions around the discount rate, revenue growth, profit margin, and future P/E. Valuation Changes Fair Value: Updated modestly from US$10.34 to US$10.58 per share, reflecting slightly revised assumptions.
Narratiefupdate Jan 24

BTO: Future Fair Value Will Rely On Stronger Fekola Output

Analysts have reduced their price target on B2Gold by approximately $0.02, citing slightly updated inputs related to fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News B2Gold reported third quarter 2025 total gold production of 254,369 ounces, including pre commercial output from the Goose Mine, compared with 180,553 ounces in the same period a year earlier (Announcement of Operating Results).
Narratiefupdate Jan 09

BTO: Higher Fair Value Will Be Supported By Stronger Fekola Production

Analysts have raised their price target on B2Gold to US$10.35 from US$8.01, citing updated assumptions that include a higher assessed fair value, a slightly different discount rate, adjusted expectations for revenue growth and profit margin, and a lower future P/E multiple. What's in the News B2Gold reported total gold production of 254,369 ounces for the third quarter of 2025, including pre commercial production from the Goose Mine, compared with 180,553 ounces in the same period a year earlier (Announcement of Operating Results).
Narratiefupdate Dec 14

BTO: Future Production Gains And Margins Are Expected To Support Share Performance

Analysts have raised their price target on B2Gold to approximately 6.19 dollars from about 5.39 dollars, citing expectations for stronger revenue growth, improved profit margins, and a lower future price to earnings multiple. What's in the News B2Gold reported a sharp increase in consolidated gold production, with third quarter 2025 output, including pre commercial production from the Goose Mine, rising to 254,369 ounces from 180,553 ounces a year earlier, and nine month production climbing to 676,575 ounces from 599,133 ounces (Operating Results).
Analyseartikel Nov 12

Shareholders Will Be Pleased With The Quality of B2Gold's (TSE:BTO) Earnings

B2Gold Corp. ( TSE:BTO ) just reported healthy earnings but the stock price didn't move much. We think that investors...
Narratiefupdate Oct 23

Analysts Raise B2Gold Price Target as Goose Mine Boosts Outlook and Valuation Estimates

Analysts have raised their price target for B2Gold from $7.59 to $8.60, citing slightly improved revenue growth forecasts and increased fair value estimates. This comes despite a marginal uptick in the discount rate and a slight decrease in projected profit margins.
Narratiefupdate Oct 09

Goose Mine Ramp-Up And Mali Permitting Will Expand Gold Production

Analysts have raised their price target for B2Gold from $7.07 to $7.59, citing improved profit margin forecasts as well as a positive revenue growth outlook. What's in the News B2Gold Corp.
Analyseartikel Oct 07

There's No Escaping B2Gold Corp.'s (TSE:BTO) Muted Revenues Despite A 28% Share Price Rise

B2Gold Corp. ( TSE:BTO ) shares have continued their recent momentum with a 28% gain in the last month alone. The last...
Narratiefupdate Sep 25

Goose Mine Ramp-Up And Mali Permitting Will Expand Gold Production

B2Gold’s consensus price target saw only a minor increase as analysts weighed a sharply higher future P/E ratio and a significant decline in net profit margin, which together limited upward revision in fair value to CA$7.07. What's in the News B2Gold confirmed 2025 total annual gold production guidance of 970,000–1,075,000 ounces.
Analyseartikel Sep 11

Here's Why B2Gold (TSE:BTO) Can Manage Its Debt Responsibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
User avatar
Nieuw narratief Jul 16

Goose And Fekola Regional Will Expand Gold Production

Successful new project ramp-ups and operational efficiency measures position the company for increased production, revenue, and margin stability despite industry cost pressures.

Analyse CEO-vergoeding

Hoe is Mike Cinnamond's beloning veranderd ten opzichte van B2Gold's winst?
DatumTotale vergoedingSalarisBedrijfswinsten
Mar 31 2026n/an/a

US$544m

Dec 31 2025US$2mUS$475k

US$402m

Sep 30 2025n/an/a

US$219m

Jun 30 2025n/an/a

-US$434m

Mar 31 2025n/an/a

-US$612m

Dec 31 2024US$2mUS$475k

-US$630m

Sep 30 2024n/an/a

-US$731m

Jun 30 2024n/an/a

-US$141m

Mar 31 2024n/an/a

-US$36m

Dec 31 2023US$2mUS$475k

US$10m

Sep 30 2023n/an/a

US$281m

Jun 30 2023n/an/a

US$301m

Mar 31 2023n/an/a

US$258m

Dec 31 2022US$2mUS$480k

US$253m

Sep 30 2022n/an/a

US$232m

Jun 30 2022n/an/a

US$379m

Mar 31 2022n/an/a

US$409m

Dec 31 2021US$2mUS$514k

US$420m

Sep 30 2021n/an/a

US$452m

Jun 30 2021n/an/a

US$591m

Mar 31 2021n/an/a

US$647m

Dec 31 2020US$2mUS$511k

US$628m

Sep 30 2020n/an/a

US$633m

Jun 30 2020n/an/a

US$411m

Mar 31 2020n/an/a

US$328m

Dec 31 2019US$5mUS$454k

US$286m

Compensatie versus markt: De totale vergoeding ($USD 2.46M ) Mike } ligt onder het gemiddelde voor bedrijven van vergelijkbare omvang in de Canadian markt ($USD 4.52M ).

Compensatie versus inkomsten: De vergoeding van Mike is het afgelopen jaar in lijn geweest met de bedrijfsprestaties.


CEO

Mike Cinnamond (59 yo)

no data
Tenure
US$2,459,943
Compensatie

Mr. Michael Andrew Cinnamond, also known as Mike, C.P.A., L.L.B., also known as Mike, is President, CEO & Director of B2Gold Corp. from June 4, 2026. He is Director of Oklo Resources Limited from September...


Leiderschapsteam

NaamPositieTenureCompensatieEigendom
Kelvin Paul Dushnisky
Executive Chair of the Board3yrsUS$420.73k0.0075%
CA$ 542.3k
Michael Cinnamond
Presidentno dataUS$2.46m0.023%
CA$ 1.6m
William Lytle
Senior VP of Operations & COO15.5yrsUS$2.46m0.015%
CA$ 1.1m
Randall Chatwin
Senior Vice President of Legal & Corporate Communications6.8yrsUS$2.38m0.0098%
CA$ 704.8k
Victor King
Senior Vice President of Exploration12.5yrsUS$2.17m0.019%
CA$ 1.4m
Michael McDonald
Senior VP4.4yrsgeen gegevens0.0029%
CA$ 207.3k
Ninette Krohnert
Vice President of Human Resourcesno datageen gegevens0.0044%
CA$ 317.0k
Dennis Stansbury
Senior Vice President of Engineering & Project Evaluations19.3yrsUS$2.18m0.29%
CA$ 20.8m
Ken Jones
Director of Sustainabilityno datageen gegevensgeen gegevens
Kerry Suffolk
Treasurerno datageen gegevensgeen gegevens
Fareen Mohan
Treasurerno datageen gegevensgeen gegevens
Peter Montano
Vice President of Projectsno datageen gegevens0.0046%
CA$ 334.4k
6.8yrs
Gemiddelde duur
59yo
Gemiddelde leeftijd

Ervaren management: Het managementteam van BTO is doorgewinterd en ervaren (gemiddelde ambtstermijn van 6.8 jaar).


Bestuursleden

NaamPositieTenureCompensatieEigendom
Kelvin Paul Dushnisky
Executive Chair of the Board3yrsUS$420.73k0.0075%
CA$ 542.3k
Michael Cinnamond
Presidentno dataUS$2.46m0.023%
CA$ 1.6m
Clive Johnson
Chair Emeritus19.5yrsUS$4.84m0%
CA$ 0
Jerry Korpan
Independent Director18.6yrsUS$267.16k0.19%
CA$ 13.4m
Kevin Bullock
Independent Director12.5yrsUS$276.78k0.0032%
CA$ 231.8k
Greg Barnes
Lead Independent Director1.6yrsUS$252.05k0.0037%
CA$ 270.8k
Mary-Lynn Oke
Independent Directorless than a yearUS$96.79k0.00065%
CA$ 46.9k
D. C. Maree
Independent Director1.6yrsUS$241.10k0.0084%
CA$ 604.5k
Robin Weisman
Independent Director8.7yrsUS$289.06k0.00025%
CA$ 18.1k
Thabile Makgala
Independent Director3yrsUS$247.34kgeen gegevens
Liane Kelly
Independent Director6.4yrsUS$288.73kgeen gegevens
3.0yrs
Gemiddelde duur
62yo
Gemiddelde leeftijd

Ervaren bestuur: De raad van bestuur van BTO wordt beschouwd als ervaren (gemiddelde ambtstermijn 3 jaar).


Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/06/11 01:01
Aandelenkoers aan het einde van de dag2026/06/11 00:00
Inkomsten2026/03/31
Jaarlijkse inkomsten2025/12/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysemodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina. We hebben ook handleidingen over hoe je onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

B2Gold Corp. wordt gevolgd door 24 analisten. 8 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

AnalistInstelling
Richard GrayATB Cormark
Brian QuastBMO Capital Markets Equity Research
Lawson WinderBofA Global Research